There is one more factor to consider. If you can afford the home now, where is a better place to put your money. The potential for real estate to increase 20% in value over the next 3 years is probably better than most investments and it is a highly leveraged investment. And are we at the bottom? Who knows for sure. But if you look at the housing market as a sine wave on an incline up, if you are + or - 10% at the bottom of the curve and interest rates are at an all time low, it is one of the best places for your money.
I would spend at least a week here, look at all different models, new and used, different villages, know what the bond is, and then if you have made a Villages decision, now is a great time to buy. Probably one of the best. The absolute best? You will never know. If you wait for that you will never buy.
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Life is to short to drink cheap wine.
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